DOJ Issues Second Request, Extending HSR Review of LCI Industries Merger
PATK is trading near its 52-week low of $63 (2.1% above the low).
Summary
DOJ issued a Second Request in its antitrust review of Patrick Industries' merger with LCI Industries, extending the HSR waiting period and adding regulatory uncertainty to the deal.
Key Events · M&A and Partnerships · PATK
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DOJ Issues Second Request
On October 9, 2026, the DOJ issued a Second Request for additional information and documentary material in connection with its review of the Patrick Industries-LCI Industries merger.
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HSR Waiting Period Extended
The Second Request extends the HSR waiting period until 30 days after both companies have substantially complied, unless terminated earlier or extended by agreement.
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Regulatory Risk Escalates
A Second Request indicates heightened antitrust scrutiny, increasing the risk of conditions, divestitures, or a challenge to the all-stock merger.
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Deal Timeline Pushed Back
The extended review period likely delays the previously targeted mid-November shareholder vote and closing timeline.
Analysis · PATK · Manufacturing
The Department of Justice has escalated its antitrust review of Patrick Industries' all-stock merger with LCI Industries by issuing a Second Request for additional information. This extends the HSR waiting period until 30 days after both companies substantially comply, pushing the deal timeline further out. A Second Request signals deeper regulatory scrutiny and raises the risk of conditions, divestitures, or even a challenge to the transaction. The stock is trading near its 52-week low, and this regulatory hurdle adds uncertainty to a merger that was already targeting a mid-November shareholder vote.
How filings like this one have moved
In the 30 days to Oct 13, 2026, 29.1% of the 1502 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.50%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, PATK was trading at $64.34 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $2.1B. The 52-week trading range was $63.00 to $148.50. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.